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Username: ForexGuy

Rating:
Guru Stars

Asked to: Chaoxiang Lee

Date Created: 30 Nov 2018
Category 28
Tag Financial
Question What is 'Risk Management'?
Advice from Guru
Hello ForexGuy,

In the financial world, risk management is the process of identification, analysis and acceptance or mitigation of uncertainty in investment decisions. Essentially, risk management occurs when an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given his investment objectives and risk tolerance.

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